BULGARIAN ECONOMY

9% VAT for restaurants, books and children's goods in Bulgaria


Parliament's Committee on Budget and Finance adopted at second reading the proposal to reduce VAT on restaurants, books and food and diapers for children.

The deputies said "yes" to the fall of the tax from 20 to 9%.

The idea of ​​reducing the VAT on low-alcohol beverages - wine and beer - was rejected.

The MPs also voted for the introduction of a minimum insurance threshold of BGN 610 for unqualified staff in restaurants. For other employees it must be at least BGN 800.

 

NEWS FROM BCCI
The nationally representative employers’ organizations are in favor of maintaining the current tax system in Bulgaria
Prerequisite for stability and predictability of the business environment Още
The Arbitration Court at BCCI is back to its normal working mode
All anti-epidemic measures shall be applied during open arbitration hearings Още
World Bank business survey in cooperation with BCCI
Regarding the impact of the coronavirus pandemic on companies Още
Partnership meeting under the ERIAS project
The project aims to provide support for the integration of refugees and people from third countries in the European labor market Още
BUSINESS CLIMATE
NSI poll shows slight recovery in business sentiment in Bulgaria in May 2020
In all four sectors of Bulgaria’s economy polled by the NSI – industry, construction, the retail trade and services. Още
LABOUR POLICY
Trainings for 7,000 unemployed professions in Bulgaria
In key competencies for the most sought-after occupations on the labor market Още
BULGARIAN ECONOMY
World Bank: Bulgarian economy to decline 6.2% for 2020 and growth of 4.3% in 2021
In January, the bank had a forecast for an economic growth of 3% for this year Още
The GDP growth rate in the first quarter of 2020 is 2.4%
Compared with the same quarter of 2019 Още
9% VAT for restaurants, books and children's goods in Bulgaria
The expected grain yield to reach 5 million tons, according to the Ministry of Agriculture Food and Forestry
No increase in the prices of basic necessities such as flour and bread is expected Още
BULGARIA IN EU
Council of Europe: Bulgaria has implemented all anti-corruption measures
According to the latest report of the organization Още
Bulgarians among the citizens with the biggest financial lost amid pandemic
According to a survey of the European Parliament Още
UPCOMING EVENTS
Webinar on “How To Find A Business Partner in Canada”
11 June 2020, 10am (CET), 16h (GMT+1) Още